(Related to Checkpoint 10.1)

(Preferred stock valuation)
June 29, 2019
The Saleemi Corporation’s
June 29, 2019

(Related to Checkpoint 10.1) (Common stock valuation) HeaderMotor, Inc., paid a $3.29 dividend last year. At a constant growth rate of 5 percent, what is the value of the common stock if the investors require a 13 percent rate of return?

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